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Gold/Mining/Energy : Bema(Bgo) and Arizona Star

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To: Tom Cat who wrote (8167)11/1/1997 2:29:00 PM
From: Terry Swift  Read Replies (2) of 10482
 
TC:

I've seen some truly irrational posts in my day, but yours takes the cake. Clive did an "ugly deal with Placer" with "no sympathy" for the shareholders. So... lets punish them by shorting the stock so they can't make any money on their "paper" (options), your implication being the stock is going much higher if we don't short it.

Johnson's options are at C$10.50 so you apparently believe the stock is going above that. If it doesn't, Johnson can't make any money on his options. If the deal is so bad, how can the stock possibly get above C$10.50. C$10.50 is about US$7.75 which would be his exercise price. I hope he triples his money because I will make a fortune along with him.

Terry
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